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Forbearance decreased by 34 basis points from 2.62% of servicers' portfolio volume the previous week to 2.82%.
ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.
Appraisal Subcommittee said requirements are being reviewed to determine whether they ensure and promote fairness, equity, objectivity, and diversity, in both appraisals and in the training and credentialing of appraisers.
The Mortgage Bankers Association's Builder Application Survey reported a 16.2% year-over-year decline in new home purchase apps for Sept. 2021.
Sprout Mortgage has added to its line of automation tools for digital mortgages with the release of its third originator-focused mortgage tool.
Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country
Homebuyers are finding slightly more selection, more price cuts, and a bit more time to evaluate a home before it goes under contract.
On Wednesday, Oct. 20, the Mortgage Leadership Outlook will feature Kimberly Nichols, senior managing director for PennyMac Loan Services, Inc.
For seniors who still have a mortgage, 40% are looking to use the equity they’ve built to eliminate their monthly payment.
FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.